Yantai Longyuan Power Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 31, 2021 at 08:36 am EDT
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YanTai LongYuan Power Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 458.294 million compared to CNY 513.336 million a year ago. Operating income was CNY 8.056 million compared to CNY 10.869 million a year ago. Net income was CNY 9.795 million compared to CNY 13.983 million a year ago. Basic earnings per share from continuing operations was CNY 0.0191 compared to CNY 0.0272 a year ago.
Yantai LongYuan Power Technology Co., Ltd. is a China-based company principally engaged in the technical research and development, equipment manufacture, installation and maintenance, consulting services for thermal power generation energy-saving environmental protection field. The Companyâs main products include plasma ignition devices, low-carbon combustion system, micro oil ignition devices, waste heat utilization products, comprehensive transformation of the boilers, coal economizers and others. Through its subsidiaries, the Company is also engaged in the manufacture and sales of power station burning equipment, control devices, power-saving and environment protection equipment.